JetBlue’s operational performance was affected by Hurricane Melissa in Jamaica and shutdown related cancellations, resulting in an approximately one point reduction in 4Q ASM growth.
- Non-fuel unit cost growth was impacted by one point due to the ASM reductions
- Demand during 4Q has remained healthy
- 4Q bookings have been trending in-line with expectations except during the limited timeframe of FAA’s emergency order
- JetBlue has completed required software updates on its A320 and A321 fleet and has resumed normal operations; event reduced JetBlue’s 4Q ASM growth by ~0.25%
- Co. continues to evaluate any potential financial impact
- NOTE:
Airbus to Inspect Hundreds ...
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